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Business health assessment for entrepreneurs

Section 1 of 7

Financial management

To what degree do the statements below correspond to you?

*Required1: Totally disagree, 2: Somewhat disagree, 3: Somewhat agree, 4: Totally agree.
Space Cell 1234
1. We use a digital accounting system that can generate useful management reports for us.
2. We can analyze our sales and margins by product lines, markets, salespeople, etc.
3. We have an annual budget broken down by month and relevant categories and can track and act on monthly variances.
4. We can rapidly access and understand our cash flow forecast and act when a cash flow gap is forecasted.
5. We are confident that our pricing and our margins take into consideration all our production and operating costs.
6. We frequently use financial information to make business decisions.
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